Question

You work a part-time job at $7.85/hr for 10 hours per week. Your deductions are FICA (7.65%), federal tax withholding (9.8%), and state tax withholding (5.5%). What is your net hourly wage?

Answer 1

Here, My initial salary = 7.85 

FICA deduction amount = 7.85 * 7.65% = 7.85 * 0.0765 = 0.60
Federal Tax amount = 7.85 * 9.8% = 7.85 * 0.098 = 0.77
State tax amount = 7.85 * 5.5% = 7.85 * 0.055 = 0.43

So, Total deducted amount = 0.60 + 0.77 + 0.43 = 1.80
Net hourly wage = 7.85 - 1.80 = 6.05

In short, Your Answer would be $6.05

Hope this helps!